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Friday 14 March 2014

Key aviation policies await formation of new government

Major policy decisions that could have a far reaching impact on the Indian civil aviation sector will have to await the formation of a government after the General Election. These include setting up a new regulator for the sector (the Bill to that effect awaits Parliamentary clearance) and having a new civil aviation policy in place.
This was the impression Ashok Lavasa, Secretary, Ministry of Civil Aviation gave while speaking to the media at the India Aviation 2014 - an event organised jointly by the Ministry of Civil Aviation and the Federation of Indian Chambers of Commerce and Industry (FICCI) in Hyderabad - gave on Wednesday (March 12).

"The new civil aviation authority bill was introduced in Parliament sometime last year and thereafter the Parliamentary standing committee made certain recommendations. These were examined and accepted by the government in January. A revised civil aviation authority bill has been approved by the Cabinet. Unfortunately, it could not be considered by Parliament because of paucity of time and will have to come back to the new Parliament when it is constituted," Lavasa said.
Read news in full 12/03/14 E Kumar Sharma/Business Today
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